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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Grocery and convenience stores
406 Pioneer Ave Montesano, WA 98563-4317
Entity Owned
~
Est. High Equity
Property ID
US90-1037335
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1972
Construction
STEEL FRAME
Total area
3,320 SF
Lot
0.32 ac (13,939 SF)
APN
71600900100
UPID
US90-1037335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$795k
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.08M
Owner & transaction history
Kamakshi Investments LLC
Kamakshi Investments LLC
since 2025
Last sale
$1.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montesano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montesano submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$860,000
6.5%
$795,000
7%
$735,000
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.50M (Dec 31 2025)
Last sale anchor
$1.50M
Dec 31 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$325 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,945
Tax year 2023
Assessed value
$655,984
Assessed 2022
Previous assessed
$474,340
+38.3% YoY
Effective rate
0.91%
On assessed value
Assessed land
$136,500
Assessed improvement
$519,484
Land market value
$136,500
Improvement market value
$519,484
Total market value
$655,984
Applied tax rate
66.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
3,320 SF
Lot
0.32 ac (13,939 SF)
APN
71600900100
UPID
US90-1037335
Jurisdiction
GRAYS HARBOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Kamakshi Investments LLC
Entity
Mailing address
PO BOX 886, COSMOPOLIS, WA 98537-0886
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$1,499,967
Kamakshi Investments LLC
Chris Byong Yun
Warranty Deed
$1,351,000 · Chris Byong Yun Etux
Nov 28, 2007
$850,000
Chris B Yun
Kim,chae K & Mia L
Warranty Deed
$1,200,000 · Saehan Bank
Apr 10, 2006
$1,190,000
Chae K Kim
C & T Food Mart INC
Warranty Deed
$1,000,000 · Innovative Bank
Mar 18, 2005
$400,000
C & T Food Mart INC
Min,duk K & Sung J
Warranty Deed
$162,500 · Duk K & Sung J Min
—
—
Chae K Kim
—
Deed Of Trust
related
$1,000,000 · Innovative Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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